Jazz Education Inc

Analysis

Jazz Education Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 1973, 53 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Jazz Education Inc reported income of $70k and spending of $54k, leaving 24% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income fell from $123k to $70k (-43%), an average of -13% a year. The sharpest change came in the year to August 2023, when income rose by 135%. Over the whole period it spent 104% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Jazz Education Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within TX. Charities of a similar size with the same main cause include Inside Track Wow Foundation Inc ($70k), African Minnesota Women Awarness Group ($71k) and Frisco Moms Care ($70k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $52k against liabilities of $665, net assets of $51k.